Great. This is exactly the sentiment we need. Everyone calling for 12k last cycle led to the bottom.

grayruby

Doomsday cycle has arrived. Get ready to stack up again...

"“In terms of cycle length, the length of this cycle was literally the same length as the past two cycles,” he cautioned. “It’s because, simply, the cycle is over, and instead of being in a bull market, we’ve transitioned into a bear market after the cycle has topped.”

This pattern, Cowen notes, pretty faithfully follows the four-year election cycle in the US. In the fourth quarter of 2013, 2017, 2021, and possibly in 2025 — all one year after a presidential election — Bitcoin has consistently peaked before entering a prolonged downturn."

bitcoin

Doomsday cycle has arrived. Get ready to stack up again...

"“In terms of cycle length, the length of this cycle was literally the same length as the past two cycles,” he cautioned. “It’s because, simply, the cycle is over, and instead of being in a bull market, we’ve transitioned into a bear market after the cycle has topped.”

This pattern, Cowen notes, pretty faithfully follows the four-year election cycle in the US. In the fourth quarter of 2013, 2017, 2021, and possibly in 2025 — all one year after a presidential election — Bitcoin has consistently peaked before entering a prolonged downturn."